Commercial Insurance Sales Executive

Description:

Role: Commercial Insurance Sales Executive Category: Commercial Insurance
Locations: Fourways, George, Knysna, Cape Town, Durban
Salary: R 480,000 - R 600,000 Per Annum

Our client is looking for a dynamic Commercial Insurance Sales Executive to drive new business growth and foster lasting client relationships. This role involves identifying potential clients, presenting tailored insurance solutions, and ensuring successful policy sales. A strong understanding of insurance products and providers is essential, along with excellent administrative skills to manage policy documentation and client records effectively.

Key Responsibilities:
Client Acquisition & Business Development:

• Proactively source and develop a client base through networking and referrals.
• Assess client needs via consultations and risk analysis.
• Present tailored insurance solutions, explaining benefits, features, and costs.
• Secure new business by closing sales and finalizing policy agreements.

Client Relationship Management & Retention:

• Build and maintain strong client relationships to ensure policy retention.
• Provide exceptional customer service by addressing queries, policy updates, and renewals.
• Keep clients informed about policy changes, claims processes, and new offerings.

Regulatory Compliance & Industry Standards:

• Uphold Treating Customers Fairly (TCF) principles in all client interactions.
• Ensure all advice and solutions align with individual client needs.
• Maintain compliance with industry regulations, including FAIS requirements.

Administrative & Process Management:

• Accurately complete and maintain policy documentation and client records.
• Ensure policies, claims, and premium adjustments are processed correctly and on time.
• Work closely with underwriting, finance, and compliance teams to streamline operations.

Product & Market Knowledge:

• Stay informed about commercial and personal insurance products and market trends.
• Maintain an in-depth understanding of insurer offerings and competitor products.
• Identify opportunities for product innovation and improvements.

Qualifications:

• Short-term Insurance Qualification
• Regulatory Exam (RE5) certification
• Product-Specific Training & Class of Business (Commercial & Personal Lines)
• Continuous Professional Development (CPD) compliance

Experience:

• Minimum 8 years in the insurance industry
• At least 5 years dealing with commercial, transport, and personal lines clients
• Core Competencies & Skills:
• Strong sales and business development abilities
• Excellent communication and client engagement skills
• High-level administrative and record-keeping proficiency
• Strong analytical and decision-making capabilities
• Advanced Microsoft Office skills (Word & Excel)
• In-depth knowledge of insurance products, providers, and industry regulations

This role is ideal for a results-driven individual with a passion for sales, client service, and insurance solutions. If you thrive in a fast-paced, client-focused environment and have a solid track record in commercial insurance sales, we’d love to hear from you!

Requirements:

• Proactively source and develop a client base through networking and referrals.
• Assess client needs via consultations and risk analysis.
• Present tailored insurance solutions, explaining benefits, features, and costs.
• Secure new business by closing sales and finalizing policy agreements.

• Build and maintain strong client relationships to ensure policy retention.
• Provide exceptional customer service by addressing queries, policy updates, and renewals.
• Keep clients informed about policy changes, claims processes, and new offerings.

• Uphold Treating Customers Fairly (TCF) principles in all client interactions.
• Ensure all advice and solutions align with individual client needs.
• Maintain compliance with industry regulations, including FAIS requirements.

• Accurately complete and maintain policy documentation and client records.
• Ensure policies, claims, and premium adjustments are processed correctly and on time.
• Work closely with underwriting, finance, and compliance teams to streamline operations.

• Stay informed about commercial and personal insurance products and market trends.
• Maintain an in-depth understanding of insurer offerings and competitor products.
• Identify opportunities for product innovation and improvements.

• Short-term Insurance Qualification
• Regulatory Exam (RE5) certification
• Product-Specific Training & Class of Business (Commercial & Personal Lines)
• Continuous Professional Development (CPD) compliance

• Minimum 8 years in the insurance industry
• At least 5 years dealing with commercial, transport, and personal lines clients
• Core Competencies & Skills:
• Strong sales and business development abilities
• Excellent communication and client engagement skills
• High-level administrative and record-keeping proficiency
• Strong analytical and decision-making capabilities
• Advanced Microsoft Office skills (Word & Excel)
• In-depth knowledge of insurance products, providers, and industry regulations

• Insurance Industry: 8 to 9 years
• Commercial: 5 to 6 years

• Minimum 8 years in the insurance industry
• At least 5 years dealing with commercial, transport, and personal lines clients
• Core Competencies & Skills:
• Strong sales and business development abilities
• Excellent communication and client engagement skills
• High-level administrative and record-keeping proficiency
• Strong analytical and decision-making capabilities
• Advanced Microsoft Office skills (Word & Excel)
• In-depth knowledge of insurance products, providers, and industry regulations

Experience:

• Minimum 8 years in the insurance industry
• At least 5 years dealing with commercial, transport, and personal lines clients
• Core Competencies & Skills:
• Strong sales and business development abilities
• Excellent communication and client engagement skills
• High-level administrative and record-keeping proficiency
• Strong analytical and decision-making capabilities
• Advanced Microsoft Office skills (Word & Excel)
• In-depth knowledge of insurance products, providers, and industry regulations